Automakers

Aston Martin boosts capital-raising plan after market volatility

Aston Martin
(Luke MacGregor/Bloomberg)
CP
By:
COSTAS PITAS
R
By:
Reuters
|
March 13, 2020 07:40 PM

LONDON - Aston Martin is increasing a capital-raising plan of up to 500 million pounds ($617 million) by 36 million pounds ($44 million) due to the coronavirus outbreak which will now see a consortium led by Canadian billionaire Lawrence Stroll take a roughly 25 percent stake in the company.

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